Koyejo

Possible butterfly harmonic pattern for short on AUDCAD

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Caught sight of what could possibly be a butterfly harmonic price pattern. Price appears to be on final leg to complete pattern; would take a while to complete though. Worth the wait? Try to draw out pattern to confirm for personal confirmation. Best Wishes!!!
Comment: Additionally, on the 24th of April, price closed above a strong falling trend line that had been holding since, at least, early March of 2018. Price has kept rallying ever since the breakout; however, as we all know, this "breakout" could as well end up being a fake out. What's more? The PRZ on this butterfly harmonic pattern, lines up with a previous area of support & resistance from around late August 2019. If price can break above upcoming resistance around 0.91498, then the next stop would be the PRZ
Comment: Pair has finally arrived at completion zone of pattern. Time to lookout for next move down

Related Ideas

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out